WCM-03: Sustaining Working Capital Programme Success in the long term

The biggest problem with working capital programmes is sustaining standards and results in the long term. Only 10 of the world top 3,000 companies have achieved high level sustained WCM results throughout the last decade.

This WEBchat with Brian Shanahan, CEO and Founder of Informita, first examines what should be the objective of Working Capital Management programmes before discussing:

Major obstacles today:

Lack of measurement (also see the WEBchat on the danger of benchmarks)

Changes in personnel

Events taking over from WCM programmes

Creating a cash culture and sustaining it.

Finally it discusses why corporates need effective and sustained long term WCM programmes, even in today’s low interest environment.

Key timing points

0:49 The problem in WCM programmes

1:34 What should be the objective of a WCM programme?

2:18 THE OBSTACLES

8:13 HOW TO CREATE A CASH CULTURE AND SUSTAIN IT

11:20 How to use incentives

11:50 The importance of having a WCM champion

13:04 Final conclusion

14:26 Why need WCM programmes today

About the author

Brian Shanahan, Founder & CEO Informita
Brian Shanahan is the leader and founder of Informita and TermsCheck.com. Informita assists companies in the areas of working capital and procurement. Brian has worked with over two hundred assignments in 37 countries across 4 continents. In the media, Brian has been quoted many times in the financial press and is the author of five booklets that can be purchased at Amazon.com.

Comments

No comment yet, why not be the first?

Add a comment

Name (required)

Email (required, not used on site)

Comment (required)

Informita associate zone

Informita provides a complete working capital advisory service that produces maximum value at a very reasonable cost. Our mission: to educate finance professionals in the arts of working capital management & to develop new methodologies and tools to ensure that our solutions are the best available.

Associate Zone content provided by Informita.
CTMfile provides editorial assistance in helping associates shape their content where that assistance is required to ensure
that our editorial standards are maintained. We do not author on associates' behalf.